Kumpulan Wang Persaraan (KWAP), announces its 2018 External Fund Manager (EFMs) awards winners in the inaugural ceremony held recently. The award acknowledges fund managers who have secured long-term risk-adjusted returns and have been responsible stewards of sustainable investment.
KWAP selected winners from twelve different categories to recognize outstanding fund managers, seven for its equity mandate and the remaining five for its fixed income mandate. Each fund manager was evaluated and selected through a meticulous scoring process that measures performance based on key quantitative and qualitative metrics.
Datuk Wan Kamaruzaman Wan Ahmad, Chief Executive Officer of KWAP says, “Recognition given to industry players oftentimes works as a catalyst for progress. And this is what we aim to do with this inaugural KWAP EFM Awards. In addition to awards and recognition, I believe we should also help one another by sharing our experience and wisdom amongst industry players”.
KWAP outsourced RM17.50 billion to both domestic and international EFMs as at 31 December 2017. This is an increase of 19.60% compared to RM14.60 billion outsourced in 2016. The allocation, invested in both equity and fixed income instruments, represented approximately 12.42% of KWAP’s total investment assets of RM140.80 billion. Domestic portfolio managers registered a compounded annual growth rate (CAGR) of 18.10% in the last ten years since the fund’s inception, while the international EFMs attained a CAGR of 26.60% annually from year 2011 to 2017.
The 2018 KWAP External Fund Managers Awards categories include Domestic Conventional Equity, Domestic Shariah Equity, Domestic ESG Equity, Domestic SmallCap Equity, and International Equity for the equity mandate, as well as Domestic Fixed Income, Domestic Sukuk and International Fixed Income for the fixed income mandate. KWAP also presented the Best EFM Award for the 3-year TWRR (Time Weighted Rate of Return) category for the Equity and Fixed Income mandates respectively.